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attorney fees, here is a reasonable new one: Kinney v. Commissioner of Internal Revenue, No. 17664-19 (U.S.T.C. Jun. 22, 2021).
NEW LEGAL REQUIREMENTS -
The Corporate Transparency Act went into effect on January 1, 2024. It requires most new and existing corporate entities in the United States to file reports on their beneficial owners with the federal government. Reports are to be filed with the Department of the Treasury’s Financial Crimes Enforcement Network, or FinCEN.
PRACTICE TIP -
Check with your Errors and Omissions Insurance provider to see how they handle “failure to calendar” complaints. A lawyer failing to file documents on time is the most common
written down. Desk calendars are only $1.25 (plus tax) and may prove invaluable if the Internet goes down.
I know I was going to write an article about Objectives and Outcomes. I started that article and had to stop to do my work and take over for two fellow employees who came down with COVID. I will make it a goal to get it done in time for the next magazine.
David Robert Shelvey is a tax lawyer at a tax office in Sumner. He is a member of the TPCBA, the Pierce County Lawyer Magazine, and the CLE Committee. He has been an attorney since
cause of missed deadlines in the legal profession (43%)1. Missing a deadline could result in a Bar complaint. Some
E & O’s will go as far as covering a lawyer who was aware
or should have been aware of key deadlines but failed to schedule them properly. I have heard that several attorneys keep two calendars. One is on their cellphone, and another is
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2015. He also volunteers as a president and cook for a local nonprofit. david@rockcraft.org.
1Minto, Robert W. Jr. and Morton, Marcia D. (1988) “The Anatomy of Legal Malpractice Insurance: A Comparative View,” North Dakota Law Review: Vol. 64: No. 4, Article 1.
March/April 2024 | PIERCE COUNTY LAWYER 35